💱forex-chat

[neon ore]

Please return

[south palm]

Thank you guys for the support @minor venture @neon ore @echo kiln

[minor venture]

Always brother 💕.

[sterile oracle]

@echo kiln

[still shore]

What did he do

U got scammed?

[south palm]

steal money from me

[neon ore]

Just a good speaking scammer

[still shore]

Bruh

[south palm]

promised to give me 17% from my investment

[still shore]

Never transfer $ to people you don't know

Take it as a lesson, I don't think you can get your money back

[south palm]

and he sent one time then nothing

asking him to send me my investment back to me but he is ignoring me

[still shore]

If this is true then you can forget about it, your money is as good as gone

The admins can't force him to give you money

Make a police report or something

[south palm]

also stealing people from lux to sell his own indicator

[still shore]

It's normal man, I've received a lot of message requests from people mimicking LuxAlgo staff

[blissful leaf]

🚨 Scammers, and fake accounts are prevalent in all social media platforms, and Discord is not immune to this as well. Be safe, and never send any form of crypto or money to anyone that contacts you via direct messages. All LuxAlgo official content, products and services are offered direct on the main website of www.LuxAlgo.com
🚨 We encourage ALL members here to go to your Privacy Settings for this community & disable direct messages & direct message requests so you can avoid any possible spam at all costs.

[echo kiln]

👉🏼 PLEASE resolve your personal issues/disagreements, amongst yourselves privately please. 👈🏼

[south palm]

sorry just want to warn everyone

[opaque mauve]

Yes I have a couple of nice technical concepts I like I will share charts later this evening

[echo kiln]

Anyone scalp GBPUSD?

[sterile oracle]

So I am seeing XAU weakening.

it was in line with the news

GBPUSD..... ok

[daring schooner]

I'm in EU. They look identical today

[wary orchid]

i would love to see that.

[sterile oracle]

That this is dropping on 15m

take a pull back but its possible

I dont trade this pair

1.27

[south palm]

first return the money because people dont like to talk to a scammer

[fossil burrow]

you need some more indicators on the chart to undertsnad

[south palm]

dont worry he creates his own indicators and sell it for people

[fossil burrow]

It was a joke. If you want to be profitable you don't need indicators. You need to understand the basics of trading, analyze price & time of the markets and think logically

[sterile oracle]

for me simple is best.

[south palm]

yeah simply scam people 😅

[sterile oracle]

@echo kiln @blissful leaf

please do somthing

[south palm]

Pay me my money and I will stop

[south palm]

Very simple

[sterile oracle]

@neon ore @echo kiln @blissful leaf

[blissful leaf]

hello

[south palm]

Hi 👋🏼

[blissful leaf]

I can see you reacted with a "thumbs up" emoji on @echo kiln's post. here's its location: #💱forex-chat message

[south palm]

I did but @sterile oracle is not responding to me personally

[blissful leaf]

please, try to refrain from spamming this channel over and over again.

[south palm]

Of course all I’m asking from you guys to take some action against him as he is scamming people with stealing money from them and he is taking people from lux group and taking them to his own group to sell his indicator

[sterile oracle]

@blissful leaf @echo kiln

This forum is not for Adlishaban. He can rest.

[south palm]

It is for everyone

[sterile oracle]

i was taking a look at XAU

its looking like it drops

I am not sure on the consolidation of asian market

[south palm]

@echo kiln can you check you DM

[opaque mauve]

Here you go as I mention nothing to trade off but some supportive ideas for technical longs

Going into US driving season alongside countless wars and inflation not letting up I’d say there’s some upside here

[echo kiln]

Getting close for. play this week
I think

🤷🏻‍♂️

[sterile oracle]

the 4HR is in complications

[sterile oracle]

its showing a drop

we need to watch it

[wary orchid]

Can you explain this with a fundamental connection? Opec meeting and interest rate decision and so on

[near hawk]

illpost the update lol

falling wedge and a bounce off the OB.. it should go up

[strong snow]

Judging by 5m tf? How about 4H, 1H?

[frail hazel]

i just bought the premium indicator what setting and which one should i use? help plisss

[opaque mauve]

Sure so the concensus is that opec + will continue with production cuts for approximately 3 months, the markets are forward looking as you probably well know, so interest rate cuts should be getting priced in which will mean a weaker dollar mid term stronger oil prices. US driving season just about to kick off, stronger oil prices, wars not letting up and more than likely will escalate stonger oil prices, inflation not letting up will push up oil prices.

So the oil market will probably tank as it does majority of the time I place a long trade lol

but lets see I could be completely wrong

[daring schooner]

That .... Totally depends on your trading style. May I suggest backtesting with your style. Leaving the indicators standard. Then adjust accordingly. Personally I trade using something I designed but even just one trade influenced by lux will pay for several months of subscription fees. Backtesting is key

[icy wraith]

hey everyone hope you got a good tuesday trading

[wary orchid]

Sounds logical. I agree that oil should go long at least in the medium term.
We'll see.

[icy wraith]

usdjpy going crazy

[near hawk]

5m.. it went down though so L haha.

but i see what i did wrong

[echo kiln]

Where will this end up this friday?

🤷🏻‍♂️

[daring schooner]

Most of the pairs are pretty close to 50 RSI on the 4hr. Gold is just under. If it doesn't reject soon (currently 48.73) I'd give it bear for a bit. They never seem to go one direction all week lol although... If it rejects at 2355.43 anymore I'd definitely go bull....

[echo kiln]

Lets see where this goes, buckle up
Calm before the storm I guess

[sterile oracle]

Morning all

[heady ginkgo]

Here he is old McDonald

[sterile oracle]

EUR will be busy

[icy wraith]

Morning

[steel hinge]

Any quants here?

[sterile oracle]

HI, are you are asking on Quant Physics?

[steel hinge]

Yes 🙄

Quant / algo / machine learning traders

[sterile oracle]

oh sorry

yes then yes.

I dont know the slang.

[strong snow]

I am actually

[neon ore]

Dont fall for scammers

[neon ore]

They will drctly msg u now

[steel hinge]

I'm a quant. Dont need signals. Just curious about this group, others like me. I don't follow "signals", watch the news, or attempt to forecast.

[split night]

What is a quant lol

[neon ore]

Then ur in good hands bro this group

[steel hinge]

In simpler terms, using an algo to autonomously trade for you. So many programs out there, with different languages. A few don't require coding skills but those typically don't work/have a lot of limitations

[split night]

Ah algorithmic trader

You had me thinking you somehow used qwarks and leptons to trade 😂😂

Higgs boson particle means a bearish reverse lol

[oblique willow]

I must say there are more scammers here than usual, such a pity they can't learn to trade they rather try to steal from others

[steel hinge]

Lol I've always had a passion for physics, but I like math a bit more. Should've majored in it in undergrad had I known what I know now earlier

What do scammers do?

[south palm]

True

[split night]

It is recommended you disable friend requests and private messages from users in this discord

[oblique willow]

I just ignore them that's all

[split night]

Yeah I like physics, but not enough to want to dedicate my life to studying it

[steel hinge]

What's their angle? Pay for bad signals?

[split night]

They sell shit signals to make you think they’re worthwhile

Or charge for what lux offers for free

[steel hinge]

Where can I see what lux offers for free?

Any stats on its success rate / performance?

[split night]

Not entirely sure, I think there’s a link somewhere but you can see them all on TV if you type in LuxAlgo into the indicators

[split night]

Impossible to truly determine because the parameters of the paid indicators can be tweaked to your liking. You could completely fuck up your indicators and then it’s your fault you have 0% success

It’s all about finding your “sweet” spot

What fits and works with you

[steel hinge]

Makes sense but the inevitable follow up question is, how do you tweek it for the sweet spot without a computer to tweek it for you? Seems like unnecessary/ a lot of work

Trying every combo, etc..

[split night]

There is a section for User strategies, you get access to this when you sign up, they have users and mods post their settings and parameters and how to trade that strategy

Also Micky does daily live streams going through the two most used indicators and how you can change the settings

Mickys streams are free to access, he’ll usually post he’s going live around 8-9am NY time, anyone can join but to watch the recording again later, it is posted in the members only section

[steel hinge]

What's your opinion on the streams / accuracy? Anything actionable?

[split night]

Micky is brilliant. I have learnt more watching his streams than just playing with the settings and hoping for something to work

At the minute I use his Price action concepts strategy trading premium and discount zones

Works well, not 100% but no strategy ever is

[sterile oracle]

I setup a lot of signals but have to follow a process to use them

[split night]

And im also still a noob trader

Ultimately there is no antidote to experience

You could have the best strategy in the world, the best indicators, set perfectly. But the saying is “all the gear and no idea”

This is me lol. I have the best indicators to offer (LuxAlgo) but I am a nooby trader still making stupid mistakes lol

[steel hinge]

Because you're not systematic perhaps / include emotions in what you do (even with knowledge). Why not create an algo with what you know so emotions are not involved?

[sterile oracle]

if you are doing pure "quant" something i just learned the slang of... you must support it with fundamentals.

You cannot have emotion

but you must do the work before entering a trade

[steel hinge]

What fundamentals?

[split night]

For me I’m not so good with programming and wouldn’t know where to begin. It’s better for me to implement better risk management and develop better emotional control

[sterile oracle]

fundamentals are from news... geo political analysis.

[steel hinge]

Very wrong

[sterile oracle]

i see.

please tell me geo politics and history dont impact technicals?

[split night]

Atm my biggest emotional flaw is I’m taking profits too early out of fear of losing my gains

I need to work on this but I’m happy to ride the wave

[sterile oracle]

maybe get into reading candles.

[split night]

As I said there is no antidote to experience and my experience is just focused on something different to algorithmic trading, but that’s cos it would be a harder route for me

[sterile oracle]

it can show you a lot of a trend.

[split night]

How dare you M! You know I love to read my candles already hahah

I’m just trying to learn them more

Tbh Danny gave me a free lux algo indicator which displays candlestick patterns anyway and I use it alongside PAC

[steel hinge]

I can show 100 healthy stocks going down and 100 bad stocks going up. Everything is in the price. That said, it's not easy because there are so many variables on the quant side when quantifying the price:

Price itself
Spread
Volatility
Entrance conditions
Exits
Stop loss
Take profit
Trend
Range

The problem with quant strategies is you literally have to address everything. And I mean EVERYTHING. But once you do, it's bliss..

[sterile oracle]

cool you can get a guide. One thing I found is to look for patterns. but not do a standard

i stopped automating my trading because fundamentals are so important.

News can kill gold in seconds

I am gold focussed.

[split night]

Yeah see, for me everything I would do.. Lux already does for me, I just need to apply the right parameters. It would probably take me as long to perfect the algorithm as it would to perfect the strategy, but again this is because I am a terrible programmer

[sterile oracle]

coding is pretty easy

[split night]

Im trying to learn things like bullish/bearish engulfing, doji, hammer and hanging man

[sterile oracle]

but I only do it on weekends

[sterile oracle]

excellent

[split night]

Haha yes maybe for you but not for me

[sterile oracle]

also look for the crockodile

[split night]

For me I may as well learn Chinese

[steel hinge]

Coding is easier 🙂

[split night]

Maybe it would be easier now with GPT but still it’s not my area of expertise

[sterile oracle]

GPT cant do code easily

[steel hinge]

No, it's not good.

[sterile oracle]

it can help edit your code

[split night]

Yes that’s what I mean

It makes it easier for yourself using tools like GPT

But you can’t solely rely on GPT

[surreal loom]

Hello

[split night]

Either way it is something I wish I could do but never really clicked with

My talents are in other areas

Like losing money 😂😂😂

[surreal loom]

How are you doing today

[steel hinge]

Doing some late night coding actually

[sterile oracle]

have a go when free

lux is very good.

[split night]

The closest I ever got was making a calculator in Visual Basic lol

[sterile oracle]

focus on their settings

[split night]

And this was hard for me

[sterile oracle]

VB is pretty good

but quite old

[split night]

Yes but that task was hard

and it was like 10 years ago in school

[sterile oracle]

you need to get into object orientated based language. To automate python is useful....

[split night]

I don’t know python or C sharp

[sterile oracle]

C++

[split night]

Yes

[sterile oracle]

Java

[split night]

HTML was okay

That was the easiest I experienced

[sterile oracle]

html 5 is where I stopped as I had no need for it

I also did SAS which is flat bedded

[surreal loom]

Can we chat

[sterile oracle]

I made something by accident on the weekend. Rather insane

[split night]

What did you make lol

[sterile oracle]

Its like a ocilator but its an animal that runs around the chart lol

I follow its head

[steel hinge]

Loll

[split night]

lol

[sterile oracle]

works great with lux

[split night]

That sounds cool to look at tbh

Scam & spam bye

[sterile oracle]

fx master has been reported to the police by me

he is from essex

[split night]

You aren’t allowed to post that stuff here

[sterile oracle]

ah ok

then i wont say

[split night]

Not you I mean him

[sterile oracle]

yes

[split night]

Advertising his shit to pass accounts lol

[sterile oracle]

you cannot advertise anything here

[rough jungle]

todays news:

[split night]

What’s your outlook for today Danny

AJ 🚀🚀🚀???

[sterile oracle]

gold has gone quite camel this morning

waiting for open of market

[split night]

London session in 20 mins

[split night]

I’m in a NZD/USD short swing atm

[sterile oracle]

thats my weird animal there

[split night]

I TP twice already just letting the last bit run its course

[sterile oracle]

its like a tiger and racoon thing

it rejected about 3 times

hence this happend.

[rough jungle]

aint traded this week so aint been looking at charts. What you been eyeing up?

[split night]

In a short swing of NZD but that’s it

Feel like it could be turning its tide now tho

I’ve took some profit gonna let the rest go whichever way it wants to

[rough jungle]

taking partials and letting rest ride.. i like it!

[split night]

Only just started doing this tho, it’s to try and combat me taking the lot

Because atm I have a problem with fear

Every time I see gains I’m taking the small profits and not letting winners run

[rough jungle]

yeah then holding onto losers?

[split night]

So my friend who’s a better trader than me said, take like 60-70% of profit and let the rest run

[split night]

Yeah until my SL kicks in but then it’s giving me a RR of 1

Or profit factor of 1

[sterile oracle]

The short-term technical outlook for Gold price remains more or less the same, as buyers yearn for acceptance above the rising wedge support-turned-resistance, now at $2,372, on a daily closing basis.

Gold price maintains its bullish potential, as the 14-day Relative Strength Index (RSI), sits above the 50 level, currently trading near 52.60.

Adding credence to the upside bias, Gold price closed Tuesday above the key 21-day Simple Moving Average (SMA) resistance at $2,353.

A sustained move above the abovementioned barrier at $2,372 would provide legs to the ongoing recovery, calling for a test of the next topside barrier at the May 24 high of $2,384.

Further up, a test of the $2,400 mark will be inevitable.

On the flip side, the immediate support is now aligned at the 21-day SMA at $2,353.

Further south, Gold sellers need to crack the 50-day SMA support at $2,323 to sustain the downtrend toward the $2,300 threshold.

from forex street

[rough jungle]

you doing 1:1?

[split night]

But profit factor of 1 is shit because I need 100% win rate to be profitable lol

[split night]

Not intentionally

It’s when it gets to around 1 in profit I’m feeling fear of losing the gains I’ve made and so I take the profit and it’s at RR 1 lol

But then if I lose it’s just wiping out the gains I made cos they’re equal

[rough jungle]

yeah i was going to say, i seen a picture somewhere of what you need to be profitable (in terms of win rate) per each 1:1/1:2 etc

[split night]

Yeah it’s my fear lol I’m trying to control it more but my friend helped he said to take some profit and leave some still on the table

[rough jungle]

all about your psychology mate, did you get that book/audible i suggested?

[split night]

Not yet I need to get it ordered on Amazon

[rough jungle]

its great for psychology in terms of trading

and lets you understand why we do certain behaviours within trading too

[split night]

Trading in the zone?

This was it right?

[quasi forge]

Buttin in, but which book is this

Butting*

[split night]

Let@me check cos I saved it

[rough jungle]

the mental game of trading by jared tendler

[split night]

The mental game

Yeah

I saved the podcast to my Spotify cos I couldn’t find the book on it

Cos I knew I’d forgot the actual name lol

There’s 2 or 3 more I need to get as well so I’ll get all of them together

Off Amazon hopefully

[rough jungle]

talks about mistakes we all make in trading and how to work on our fear/greed/confidence etc i think its like a 9 hour listen on audible if im correct. Im going to listen to it again next week most likely. I like listening to books a few times as i feel it doesnt go in as much as reading a paperback

[split night]

I prefer audiobooks cos you can do things whilst listening

But I usually use Spotify

It ain’t on there and I don’t know if I have audible included in prime subscription

[surreal loom]

Hello

[rough jungle]

ive never used spotify for books tbf always used audible but i think i pay an additional subscription to my prime subscription

been slacking lately in terms of reading/listening to books though

[strong snow]

Anyone shorting brent?

Hit 4h Bearish FVG

[split night]

I think they’ve only added audiobooks to it for the past year or so

I’ve been lacking as well

Stopped reading trading books when I actually began trading

But I feel like I should go back to some stuff as it’s a continuous process

[rough jungle]

i still read all trading and psychology books now. Quite a lot of mine are self growth or business books

[split night]

Yeah I need to get back into mate I’m so neglectful when it comes to reading

I don’t like fiction at all

The only fiction I’ve enjoyed was the silmarillion because I like LOTR

But I wouldn’t even read the LOTR books

I like autobiographies

[zealous ruin]

Can someone explain why I got different Previous Day Low Lines? (SMC Smart Money Concept Indicator)

[small meteor]

Try to focus on listening and taking notes, you'd be surprised how much you can miss while you are on other things and just have thoughts fade away

[split night]

You’re right and I do try to make some notes mainly on my phone

My strategy is on my phone notes lol

So I don’t skip any steps

I couldn’t help myself 🤣🤣🤣

Currently only on step 1

But it’s a marathon not a sprint

[red flame]

l

ol

[dapper jolt]

Oooh clocked in 7 pips eur usd

Now watch markets do nothing til tmw

[wary orchid]

Short ? are you serious ?

[edgy berry]

How dip gold can go?

[radiant sinew]

Could see a bounce at 2333 or 2319-2311 range.

[sterile oracle]

the dip has come

15m chart.

[green hinge]

I need to know YOUR indicators

[west kindle]

Hello everyone. I'm connected to Luxalgo's premium package. since I am new in the world of trade, I almost do not understand anything. please send me help. I can't use the signals overlays indicator at all. perhaps because the setting is an error, the signs of sale and purchase can be reversed. please configure the alarm overdays indicator and orgate its use. my telegram: geodezist97

[dreamy narwhal]

Kindly refer to #🤝support message

[shy trench]

Mhmm i think technically nice short. Saw it this morning but i let it go cuz of maybe conflict rising again Israel stuff

I did take a silver short tho

[opaque mauve]

Depends what TF I suppose my core position is long but id be happy shorting along the way

Like now lol

[neon ore]

Beware

[echo kiln]

Gols has been good for London lately

[south palm]

hopefully, we will keep pushing down to 2325

[sterile oracle]

XAU appears to ended its decendence and is now starting to go long which will accelerated by US open

[heady ginkgo]

Anyone have any info or articles regarding tension between China and Taiwan????

[sterile oracle]

They are having talks

per this morning

S Korea, China etc.

The result of talks may reduce tension from China to Taiwan in the temporary.

[patent urchin]

GM guys!
Do you think it can impulse XAU long trend? I don't see any change in the CN/TW situation since last week

[sterile oracle]

The US open will show is but its now left its short trend of the morning

[patent urchin]

I know. Got lucky my early morning and got shorted after....

[sterile oracle]

I was shorting a lot over last night and this morning... the US may have people buy

it should test 2400 today

[patent urchin]

Good call! This night was insane in term of dips!

[sterile oracle]

🙂

I just saw the market bottom out

so its now going Donkey style up

lol

the squeeze on this now is intense.

its pushing up nicley now

[patent urchin]

I know. My heart is doing the same. I better grab a good coffee 😄

[sterile oracle]

yes wait for US open to start up

NY session

but see economic calendar

[patent urchin]

There is nothing today except the German announcement

[sterile oracle]

yes but the americans move the market

that german speech will move the US dollar

then that will move XAU

[patent urchin]

Gotcha.

[sterile oracle]

if you look at EURUSD thats going to be very good for scalping after the speech

[patent urchin]

At what time is it again?

[sterile oracle]

1 sec

[patent urchin]

11am EST?

[sterile oracle]

1 pm BST

[daring schooner]

BOJ might raise interest rates because of the yen weakness

[patent urchin]

So basically it has already been announced.

[echo kiln]

Got my EU scalp
Done

[daring schooner]

I'm up 20 percent this week... looking for only perfect setups

Here's a neat trick. Keep it in the back of your mind for kicks

It just rsi

[strong snow]

Mind blowing

[sterile oracle]

your scalping EURUSD

there should be a lot of traffic on it.

let me take a look

4hr chart. so it will eventually be bullish

but is currently dropping like a stone

its at support

[daring schooner]

Yeah if it closes on that rsi trend line I'm just hitting buy lol

[sterile oracle]

I might join you

unless gold consumes me this afternoon

My weird animals have touched the support line

so let me see on 15 minutes if its worth it

nope not yet. wait some hours

[daring schooner]

Interesting gold rejection of the 50 on Tuesday.

[sterile oracle]

Yes indeed, I have a feeling it will test 2400 this afternoon or not far of. Its been way to negative camel for days.

There is no US news just German

[daring schooner]

Maybe EurUsd is heading to 1.0800

[sterile oracle]

let me take a look it seems sensible. But I dont trade this one.

1.0877

may be consider getting out there?

[echo kiln]

👀

[sterile oracle]

its clearly bad news on Euro

It can re-test after

[daring schooner]

I've made 2 trades this week. Already free until something special comes up

[sterile oracle]

my animals are saying its dropping.. and lux also..

its also broken my dots

I would wait a while. Its Camelish.

ok I am going back to XAU

[daring schooner]

NASDAQ opens in 2 minutes be prepared

[sterile oracle]

Nasdaq has had strong results in last couple of days

this will raise DXY

[green hinge]

which indicator is this?

[echo kiln]

"Signals & Overlays" toolkit
https://youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC&si=YjCELcaQr0s_6nVl

[opaque mauve]

How did you manage to overlay that, from the new lux indicator ?

[fossil burrow]

Nice trade, but here is the improvement I see by looking at your chart.
Buyside Liquidity was taken, after that you can find an imbalence created by three bearish candles. This would have been the best entry to take with close stop loss and low drawdown. As of exit you should have targeted the internal sellside liquidity, maybe external later on aswell.

[echo kiln]

True, but for me, I had one goal in mind, one simple goal, level to level with my Neo Cloud.
Didn't want to over analyze the chart as this is a 1m TF with additional noise.
Hard TP achieved.
Goal completed.
Done for the day.
"One and done" written on my forehead for this week

[sterile oracle]

gold is moving well.

[fossil burrow]

Which R did you achieve?

[sterile oracle]

this is rapid on a 1m.

[echo kiln]

R?

[fossil burrow]

risk to reward ratio
3 R = 1:3 risk to reward = 3 * the risk you put into the trade

[dawn sierra]

so you mean R:R and not R

[fossil burrow]

no

[echo kiln]

For this template, I dont use R/R on a 1m, I use Neo Cloud to tell me to hold or to close

[fossil burrow]

and what did it end up to be?

[echo kiln]

Win

thats it

[dawn sierra]

hahaah 😛

[fossil burrow]

You don't understand my question?

I guess

[dawn sierra]

https://tenor.com/view/michael-jackson-eating-popcorn-enjoy-i-like-nom-nom-gif-11040065238845078056

[fossil burrow]

hm pips was your sl and hm pips your tp?

if you don't want to share it's okay lol

[echo kiln]

My SL is a trailing SL based on Neo.
MY TP was 11.5 pips on multi lots

[dawn sierra]

i tried multiple times to scalp on 1m but i always fail....not my thing

[fossil burrow]

nvm

[echo kiln]

I did share, simple chart, simple entry model
I dont over analyze my charts.
I just enter, manage the trade, thats it.
I can do this easily because I trade direct on my TV charts.

Not much to say with my trade, its a simple trade based on Neo Cloud, nothing more, I didnt use any fancy analyticals.

I know its simple mided for me, but works for me...

[sterile oracle]

You but it requires attention to entry and exit. and total awareness of longer time frame 15 mins

it can be done

[daring schooner]

It's just rsi. I use lux to auto calculate the overall moves. Sometimes I just trade off of the touch of a trend line. Other times I look forward the markets starting moves.

[fossil burrow]

rsi in 2024 is crazy. but congrats if it works for you

[radiant sinew]

Especially stoch rsi. Still works wonders if you do multi timeframe analysis

[opaque mauve]

I like EURAUD long from here 8HR TF

Bullish Choch retest and now pulling away

Could be the start of nice trend

[radiant sinew]

Personally, i built two indicators added to this chart. Top indicator is based off stochrsi on different timeframes. Bottom indicator is based off ema crossovers with other conditions. Helps ensure multi timeframes are aligned before taking a trade

[opaque mauve]

Looks sick, you code that yourself ?

[radiant sinew]

Yeah, I did.

[opaque mauve]

Nice work been considering learning to code python for a while but wanna get some robust strategies under my belt before I put my spare hours into something else

[radiant sinew]

Nice. So for tradingview, i do pinescript v5. Not overly complex tbh - you can look at source codes for free/open source indicators and gradually learn from that. You can also use GPT to enhance what you work on.

You can also use GPT to enhance your strategy, like export trading data, share your indicator with GPT and have it enhance your scripts/strat

Or you could even feed it your dataset, your strategy and get it to calculate the win/loss ratio for different timeframes.

[daring schooner]

I only trade divergences and off the 50 if I'm using RSI. Plus higher TF. Only two trades this week....

[daring schooner]

Yeah wish I had listened to myself

[opaque mauve]

Thats class will give that a try

[noble crag]

👀

[fossil burrow]

less trades is good

trust me

[opaque mauve]

DXY ripping, but gold not following as hard as it should though

[wintry ridge]

Hey Team need help with this chart on Silver please. See the Order block at resistance. There is a big red bar on that OB. Does that mean that there are lots of sellers or does that mean that the sellers are exhausted? How do you interpret this? @echo kiln @zinc aspen @blissful leaf

[daring schooner]

I seem to remember loosing half of my account using the 15 min TF 😂. Ahhh memories.
Thus only higher more reliable TFs

[blissful leaf]

Livestream is on now: https://discord.com/channels/641770286638694402/1178430832151638077

[radiant sinew]

Anyone trades us30 here? Thats a pump for days

[rough jungle]

AJ today

[radiant sinew]

Had this running since yesterday

[opaque mauve]

Nice me too but it’s a fraction of that value 😆 analysis on point though that’s good enough for me

[radiant sinew]

Us30

[strong snow]

Keep collecting small wins mate, good job

[echo kiln]

Hey there, this new video on the Internal Activity and Metrics of OrderBlock f=give a good overview on how one can interpret this:
https://youtu.be/fM-tgGv58Jk?si=7iuTmuuKEDMxJHZS

[wintry ridge]

please see my silver chart above

[echo kiln]

Yes, I posted the OB video for you, just forgot to tag you.
It's all up to each trader to interpolate the internal activities of these OB's.
There is no right or wrong way to interpret these.
You just need to develop a good rule for yourself to be aware....

[echo kiln]

✅ Here is a good Twitter thread regarding Optimal Sensitivity
https://x.com/LuxAlgo/status/1793402018096107881

LuxAlgo (@LuxAlgo) on X

Can I just follow your signals to make profit ? 🗣️
What are the best settings ? 🗣️
What sensitivity will make me profitable ? 🗣️

Lets talk about it : A THREAD🧵

Twitter · May 22, 2024, 10:02 PM

☝🏼

[echo kiln]

Where will gold end up by Friday?

[tacit oracle]

@echo kiln where do you think it’ll end up bro?

[echo kiln]

Not sure, I was asking everyone else, hahahahaha
But Id like to see it tag the Daily OB below

[south palm]

i see it going to 2326 and testing the resistance there and the news might help it keep going down to 2277 which is another resistance.

if it breaks 2277 then we are having bearish double top

if not then we are having a flag

my three resistance points

[sterile oracle]

my XAU 4 HR

[daring schooner]

I need a broker that'll let me trade gold. Yesterday I called anything under 2355 was a bear day

[sterile oracle]

i am more long now.

its bottomed out

asian market will consolidate

[daring schooner]

It looks that way...makes it easier to jump back in

[sterile oracle]

yes

I am waiting

so at the moment the STF is wrong

but the 4H is telling me.

its going to be 2 hours to work it its true

he it quit falling

[daring schooner]

Might be a long night for me but it could also be quite profitable

[sterile oracle]

🙂

[daring schooner]

EU still falls

[sterile oracle]

EU has been falling since I last looked at it

let me take a look...I can push funds that way also

EURUSD

[daring schooner]

Remember this morning I called 108000

[sterile oracle]

k

let me see

so thats in trouble but not for long

none of my animals or even lux will touch this. on 15m.

all technicals tell me to short it

that means EUR has had a terrible time

on USDX which can help

I see this.

[daring schooner]

Yeah it's a free fall

[sterile oracle]

USDX is looking very very high which is crushing XAU as well

but its about to fall over

which help on XAU and your EURUSD trade

this is Nasdac driven.

[daring schooner]

Take a look at 3 hr TF or above...I see resistance

Wrong thread friend

[sterile oracle]

let me look

so i see this

its on a limit

but still going up

[daring schooner]

Yep tread carefully

[sterile oracle]

4h

DXY will crush anything against it

[daring schooner]

There's one other target of 1.07800. Which is a trend support. It'd be interesting if it takes that position

[sterile oracle]

its turning

based on watching XAU

[dapper jolt]

Volatility been low though

[sterile oracle]

yes little volume

but the asian market is 2 hours out

and then even 5 hours out

[dapper jolt]

Dont expect anything like 1.0780 to be broken without inflation data tmw

[sterile oracle]

DXY hit a limit

as I watch EURUSD and XAU as the same time

[dapper jolt]

Have taken a long eur usd at 1.0805 with SL at 1.0735

Weekly trade

Tp at 1.0945

Long shot with these day ranges

[sterile oracle]

to took a long?

wait for a few candels?

its looking like it beating down

[dapper jolt]

Dont trust moves at this time

[sterile oracle]

its only going to recover in the asian session

[daring schooner]

Weekly. I like it!

[dapper jolt]

So looks to trip weak liquidity below last week lows on friday

[sterile oracle]

ok

then you could be right,

i have never attempted this as its different my style

[dapper jolt]

Track record past april begs to differ

[sterile oracle]

Everyone has a style.

[dapper jolt]

Small position gicing weekly and daily range

All will be decided with inflation data tmw tbh

And positioning beforehand

[sterile oracle]

you swing right?

[dapper jolt]

I think a long stay over 4 hr ema...grounds for an uptrend

Seasonals didnt work soo well this year for eur usd

I think long term trend still downwards..

As i said all will depend on inflation data tmw

Might cash out before thr data

Daily close below 1.0770 prob looks to lower lows in eur usd

Honestly would be relieved with a breakthrough eitherway so at least volatility picks up before july august

[sterile oracle]

yes looks that way

[dapper jolt]

Not sure if we have the gas for a meaningful break before inflation data

[echo kiln]

Delicious plays on the EU today

[radiant sinew]

Eurusd still has some nice price points below @ 1.07706, 1.07472

[sterile oracle]

am about to do another FTMO

will be the second one.

am going on the swing on this one.. its just easier.

even though I scalp

[analog locust]

Did I her SWINGGGGGG

[analog locust]

AUDCHF. DAILY TF FOR MY JUNE SETUP

[south palm]

XAU is pumping

TP1 2340

🚀

[radiant sinew]

Finally out of xau short

[radiant sinew]

What are yall looking at? I see some nice swing trades - nzdjpy short to 94.8, gbpcad short to 1.73195.

[sly escarp]

Traders don’t live over there needs is that right?

[opaque mauve]

Still short EU, XAU, S&P been betting on that dollar strength but I think we can see profit taking today but nothings still screaming get out to me so will hold till I get some confirmation.

[opaque mauve]

Im looking to buy the dip on NZDJPY but only when the times right "huge interest rate divergence on this pair" but "BOJs UEDA" looks like he has no choice but to raise rates, could be a bullish catalyst for the yen, all yen pairs need a breather for sure, so I wouldnt dismiss the short.

[opaque mauve]

Couple of high impact US news events to be aware of today aswell.
US GDP 2nd Estimate* (Q1 2024) - analysts expecting 0.3% drop from previous
US Initial Jobless Clm* (W 25 May) - analysts expecting 218 increase of 3k from previous
US PCE Ex Fd, Eng & Hsg (P) * (Q1 2024)
US PCE Svs Exl Eng & Hsg (P) * (Q1 2024)

[heady ginkgo]

Xauusd 🔻📉⏬⬇️

0.01 lot 💪

Barrier at 2325 👀

[tacit oracle]

Very good analysis!

[south palm]

Thank you 😊

[opaque mauve]

nice

[oblique willow]

Thanks for the valuable info, it helps a lot 💪

[south palm]

Will it impact XAU?

[rough jungle]

Todays news

[south palm]

i see now we have bearish head and shoulders

we might see it touch 2332 then go back to drop

[heady ginkgo]

Big boy 😂

[heady ginkgo]

Agree up to 2335 down to 2309 then 2390 then 2380 then 2200 😂😂😂

Orrrr best trap 🪤 ATH 2500 😂

[edgy berry]

Yeah I think the same 👌

[opaque mauve]

Yes PCE is the feds preferred inflation metric

[sterile oracle]

Xau has now made a positive candel.

its being bought again

[edgy berry]

I think will drop again

[lavish sierra]

Hi i've a question please. Can i trade forex with 150$, the mini is 1000$ right ?

to have 0.01 sizing

[rough jungle]

hey, its possible to trade forex with $150 using 0.01 lots

AJ today

[radiant sinew]

Two scenarios for audnzd. Swing trade

[daring schooner]

Depends on the broker. I think mine you can start at 250.00 here in the United States

With 1000.00 buck I can bid .4 max

[lavish sierra]

okay okay so I can try on XTB with approximately 150$ ?
Because I really want to, but I think my capital is far too small

what do you think?

[daring schooner]

Ahh different things have different margins. I can buy more EurUsd than USDdkk. Same with gold

[lavish sierra]

In any case, my lot must be 0.01, whatever the pair?

With my capital of course

at the beginning

I ask many question sorry

[rough jungle]

Dont apologise for asking questions, this is what the chat is here for.

It could depend on your broker too if there is a minimum deposit. But when i first started i used to deposit £150 and then blow it by using too high of a lot size. But it was possible for me to technical trade with £150 on my broker which was IC Markets.

But if you do trade with £150 id recommend 0.01 lot size and see how you get on. But also if your new to trading id maybe papertrade/use a DEMO account first before risking actual money.

[lavish sierra]

Thanks a lot, really 🤜 🤛

[rough jungle]

Any questions don't hesitate to ask buddy

Here are a few channels to get you started as noticed your new to LuxAlgo too.
https://discord.com/channels/641770286638694402/1048529827243761747
https://discord.com/channels/641770286638694402/997901168393068564
https://discord.com/channels/641770286638694402/997901091389841408
https://discord.com/channels/641770286638694402/1128499789437354106
https://discord.com/channels/641770286638694402/1199356285813006367

LuxAlgo Video Playlist (Tutorials):
https://www.youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC
LuxAlgo Video Playlist (Short Strategies):
https://youtube.com/playlist?list=PLbqCXsOfrM3N4wajKoJTL2G_sojJOl8Vg&si=K_Ty2Cm3rViMv7am

[radiant sinew]

AJ has a lot of upside.

[rough jungle]

yeah already taken my two 4% trades and both hit TP

[dapper jolt]

Nice i bailed out of my 'weekly trade' for 10 pips

Think will watch from sidelines today for next couple of hours

[rough jungle]

profit is profit though 🙂

[daring schooner]

I made a terrible mistake and didn't set a stop loss. I'm in profit but jeez

[dapper jolt]

Was inflation data due today?

[rough jungle]

boom.. 12% today

[echo kiln]

Love the Neo's

[restive narwhal]

yup https://www.myfxbook.com/forex-economic-calendar

If you're using a prop, check rules re: trading big news. Different agencies rate news differently so big news with your prop could be rated medium by a different agy

[analog locust]

Good afternoon everyone

If your first impretion is to make money when you come to this business, 1. You will not have a specific strategy for yourself, as you will be trying to be someone else. 2. Possibility of losing your capital is will be huge. 3. You will not be patient to study the market to know what is happening. 4. You might be open to revenge trading out of confusion. Just from my observation.

[daring schooner]

Us open now

I'm tempted to close and be 30 percent for the week but I'm a greedy bastard

[tawdry anchor]

Volume Matric showing in the chart are order-block volume?

[rough jungle]

Yeah i just have the Opacity set to 0. So i dont see the order blocks but see the middle line and matrixs

[tawdry anchor]

Thanks, your tamplet looks clean.

[rough jungle]

It just helps me focus if my chart isnt too cluttered

[red flame]

i'm bullish on GOLD

Swept liquidity

everything is aligning for a bull run

squeeze very high

[tawdry anchor]

Any or suggestions for setting for clean chart 📝

[opaque mauve]

Little change as the market expected so no reaction 3.6%

[rough jungle]

Well i just primarily use the Lux PAC indicator with the order blocks (opacity 0), premium/discount zones and strong/weak H/L with market structure (tiny).

But its just finding what works for you and what doesnt, do you prefer S&O or PAC?

I find a good colour scheme helps too, this one at the moment helps me spot structure more easily

[echo kiln]

https://discord.com/channels/641770286638694402/1178430832151638077

[tawdry anchor]

Sir, I prefer mainly PAC but sometimes I will use S&O for confirmation.

[agile sedge]

@echo kiln

[rough jungle]

Hi, how can we help? Hes currently just on a live stream

https://discord.com/channels/641770286638694402/1178430832151638077

[green hinge]

I need to enter in US session on Gold but I can take profit in London not US. Actually I can not find a sniper entry on US session. Which free indicators of lux algo help me to enter in US session?

[rough jungle]

You can search our library of free indicators here: https://app.luxalgo.com/library/

[green hinge]

how can you sure for sell ??

[radiant sinew]

Steadily rocking this

[daring schooner]

At this point are you just trading for fun?

[daring schooner]

Everything depends on your trading style. Some scalp, some swing. Some use price action, some RSI. It really depends on what suits your style

[green hinge]

okkk

[dapper jolt]

Nice...what does your chart setup look like...what protocols do u follow?

[radiant sinew]

Not exactly. I havent always been profitable.

[echo kiln]

15m Gold

[radiant sinew]

I believe so much in candle patterns. Theres always a setup in every timeframe but not necessarily at the same time. So if you spend some time looking at long or short setups, there are things peculiar to the candle patterns. 4-6 candles before a reversal or a pump is consistent. Find that pattern, automate alerts when such are found and then combine with other confluences that work.

[wintry ridge]

Thanks for the reply. But look I understand but there should be a much more clear explanation. You guys created this Price action model and you should be able to decipher the system instead of coming back with well there's no right or wrong its how I interpret this. Don't make much sense. Is it an exhaustion or continuation? Guys we need a more clear direction on the Order blocks moving forward. I understand that you constantly update this system but for what we pay a more clear direction on order blocks will help much more moving forward. This is my feedback.

[echo kiln]

But that is what these toolkits are.
These are not directional indicators, not buy or sell indicators.
Hope you understand this.
#🧠core-lessons

[radiant sinew]

I’ll leave the admins to respond - but think about this logically. If there’s a get-rich-quick indicator, they wont need to sell and they’ll just use the indicator to make a lot of money. Having said that, you need to manage your expectations as there’s no silver bullet to trading. These things are to guide you - you need to explore, combine with other confluences and make YOUR own decision. OB could either serve as a support or resistance; hence why you need to combine it and figure out your own edge.

[echo kiln]

There are 2 core premium toolkits here.

• Signals & Overlays
• Price Action Concepts
  Maybe Signals & Overlays fits with your trading style?
  https://youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC&si=5jroMyMfwzo3GTLe

Price Action Concepts toolkits "only" helps us mark-up our charts based on SMC, market structure, or ICT Concepts theories.
That is all this is, to help us mark-up our charts easily, so thet "we" can use to help us analyze a few of the market structure theories that are being taught in the trading community as a whole. So if you like trading and learning these market structure theories, then Price Action Concepts would help you. @wintry ridge
LuxAlgo did not invent or create these "market structure" theories, but developed a toolkit to help us analyze our charts for our market structure theories that we are trading with.

[radiant sinew]

Wti

[echo kiln]

Nice plays so far

[edgy berry]

Just wondering how far we can go now

[echo kiln]

If higher, I'd like to see this path

EU so slow now

🤫

[radiant sinew]

I have doubts about xauusd - i see 2472 but at the same time, 2266 😁 either ways, swing trade so which? 😁

[heady ginkgo]

Sell sell sell

Join me join the dark side

Also known as the wrong side

[oblique willow]

Bro help me out what setting needs to be checked so I can have these order blocks please?

[tired marten]

I just bought this, and I tried the strategy backtesting. It's average. Are there any parameters that need to be adjusted? How do you use them

[echo kiln]

My orderblocks are default length.
I just show more than 5.
I actually show ho I created my template in most of my live streams here
#1199356285813006367

[echo kiln]

Your Discord has not been connected to the LuxAlgo exclusive channels yet.
Go to your welcome email, there should be a Discord link to get you connected to the subscribed channels that are included with your subscription

@tired marten Once you are connected, have a look here to help you get started
#🧠core-lessons
#📈must-watch
#1199356285813006367
#1128499789437354106
#🔥ai-resources

[oblique willow]

OK thanks I will have a look

[oblique willow]

Micky there I quite a few videos might take hrs to find this setting, no way you can just share a copy of you chart for 5 MI so I can copy your setting?

Please

[echo kiln]

You just change one setting, increase "show 5" to a higher amount, thats it

[oblique willow]

I tried that, took of P and D zones and then kept upping on the show 5 to 6 to 7 but I can't get my 4hr to look like yours

[opaque mauve]

I’ve gone over and decided to short silver instead sets up better for me personally than XAU

[opaque mauve]

Closed my short from yesterday I wanna see some consolidation now to add to longs “swing trade”

[radiant sinew]

Nice. Us30 is a long trade for dayyysssss

[radiant sinew]

Whats the ticker for silver, will check

Xagusd. Thats a good swing short for dayyssss

Silver looks like this

Us30 , maybe 🤔

[red flame]

looking for my long entry

on GOLD

i'm in

[radiant sinew]

2340-2336 might be a safer entry point for a scalp long with tight SL

[heady ginkgo]

We’re going down. Indecisive daily candle close then down to 2308 tomorrow 💪

Let’s gooooo

[echo kiln]

One more leg down?

[analog locust]

Hey Hey. How is everyone doing?

[sly escarp]

Awful I’m going bankrupted

[radiant sinew]

Got my entry for this. Going to 2350 for a scalp. Im also conflicted because on a bigger picture, I see 2400 range before massive drop. So either i fully TP at 2350 or partially tp and see if the rest will keep running 😅

[strong snow]

Sounds like a plan

[opaque mauve]

I’ll check that 🤝

[opaque mauve]

Do you not consider A core position which has your main bias/conviction, and then trade the opposite direction for scalps as and when they present I don’t generally scalp I have a crack now and then but pretty bad at it

[opaque mauve]

Just took a look I think if we can build a bit of a base around these levels acculimate some orders then some confirmation longs would be a lovely trade.

[rough jungle]

todays news:

[radiant sinew]

So xauusd is playing within a range 2472 - 2222. At the moment, looks to have found a support at 2328, so we could see a retest of 2400 range or just downward continuation to 2266.

It becomes impossible to take a stance. Trades like this are better if you long from bottom or short from top. Trading a setup midway is toughhhh

[radiant sinew]

Looking to TP at 2350 for now.

[heady ginkgo]

What dreams are made of. My annual salary. This a real account?

[dawn sierra]

time to find a different job buddy

[stray bone]

Hi, please inform/guide me how accurate this indicator Luxalgo premium is on gold (xauusd) for scalping??? If someone is using. Thanks

[rough jungle]

That just depends on the trader. No two traders are the same, so no two people will have the same results. We do offer a 30 day money back guarantee so you can try the indicators, risk free to see if they are for you or not.

Heres some videos on our indicators what you may like to see:
LuxAlgo Video Playlist (Tutorials):
https://www.youtube.com/playlist?list=PLbqCXsOfrM3P5mb5jY7Ye8pguhmozOKBC

LuxAlgo Video Playlist (Short Strategies):
https://youtube.com/playlist?list=PLbqCXsOfrM3N4wajKoJTL2G_sojJOl8Vg&si=K_Ty2Cm3rViMv7am

[sterile oracle]

I am letting XAU show me the pattern of growth

[radiant sinew]

CAD, USD news in 3hrs 😈

[noble crag]

👀

[restive narwhal]

Anyone trade news? I'm having a day off and watching LA how to videos

[rough jungle]

i tend to stay away during news

[echo kiln]

I love LuxAlgo short-form videos, "THE" BEST

😉

[analog locust]

Stop trading for a week or 2 to go back to the drawing board, study more and come back, you will be fine

Don't be fooled with the profits that some traders are showing , they are mainly paper trades etc.

[rough jungle]

Very true, a lot of variables aswell. We don't know their account size/risk etc. Its so detrimental to your own trading when you start comparing yourself to someone else. No two traders are the same.

[small sage]

u gotta size down and focus on keeping to your rules before u try to make money. no one wins when they are emotional. longer you go down this road the more degenerate you will be trying to get it all back when u get a little steam going and youll reset again

[radiant sinew]

2350 done. Now out of xau trades for now

[analog locust]

You are right, Danny.

[glass solar]

what u trade smc ict ?

[echo kiln]

Liquidity Trendlines Breaks

Tips and Tricks

[trail violet]

name of the indikator ?

[echo kiln]

"Price Action Concepts"

[trail violet]

thank you

is this the indikator ?

[red flame]

no

you have to pay

[trail violet]

beqaus i cant find the indikator ???

[red flame]

you have to pay

[trail violet]

ahh ok

[echo kiln]

https://www.luxalgo.com/pricing/

https://www.luxalgo.com/

Insane moves

[north ferry]

What are the settings on those S&O- s @echo kiln ?

[icy wraith]

i use preset smart trail + contrarian + exit signal mode + auto Long term for my TP

entry with lux algo session sweeps + OSC reversal signal

i trade Asian , london and NY AM

today result

[echo kiln]

In all my Live Streams, I go over my templates
#1199356285813006367
I will be starting todays stream soon in a few minutes

[echo kiln]

Looking good

👀

[icy wraith]

yes sirrrr

i'm maybe done for today my objectif is 1000$ per day around

like 0.5%

good set up short distributionon gold

hope my 3.7RR pass

easy normaly

[echo kiln]

Nice simple charts

[icy wraith]

yup i have only 3indicator + rsi +OCS don't need more

a good chart need to be clean and learn

understood

[blissful leaf]

Livestream's happening right now, last one of the week! https://discord.com/channels/641770286638694402/1178430832151638077

[ionic briar]

Which Indicator that Is Free is Used to Find If There is Cosolidation Or Not ?

[blissful leaf]

hello, have a look here https://www.luxalgo.com/library/

[strong snow]

Consolidation Finder by Luxalgo

[sly escarp]

Gold big reverse?

[icy wraith]

Asian liquidity low. i took the long when you was on livestream @echo kiln

0.9% profit that a great day

[shy trench]

Called silver short a yesterday 🫡

Now lets see if we can break below 30

Maybe we can get to 28 ish

[opaque mauve]

I’m also short silver nice trade

I like the look of copper long next week if we get some confirmation the correction is over

[shy trench]

I actually never trade silver/copper but just came across it and looked like a A++ set up on my charts. Short from 32.150

[echo kiln]

https://discord.com/events/641770286638694402/1246151677912813668

[sly escarp]

Where do u see this at

[heady ginkgo]

#💱forex-chat message

⬇️⬇️⬇️

👀

[echo kiln]

What can we say?
GOLD 1m

[edgy berry]

Nice we will see where stops

[echo kiln]

We shall see, but its friday...should stop and go to sleep soon

[strong snow]

Sleep is for the weak muahahha

😈

[echo kiln]

This is true

[heady ginkgo]

Time to switch to crypto weekend

[sly escarp]

I keep pushing buy on gold am I cooked

[chilly umbra]

too late london session was fire

[heady ginkgo]

What’s your tp?

[radiant sinew]

Last trade of the week. Us30. Setup shared earlier

[regal loom]

Wow

[opaque mauve]

I love the set up when prices go really quiet and we couldn’t break the previous high inside bar and bang away we go to the downside simple price action stuff is the best

[opaque mauve]

Literally a trading machine fair play 🤝

[radiant sinew]

Shared silver short trade here. Seems to be going well so far, but didn’t take it. @opaque mauve did you?

[opaque mauve]

Yes I did going nicely 👍🏻

[echo kiln]

https://discord.com/events/641770286638694402/1246151677912813668
Hope you FX folks can stop by for tomorrows LIVE STREAM

[lost lake]

Hello guys! I wonder if someone can tell me if you actually can get funded by following the buy/sell signals with the premium indicators 🙂 i would actually give up my life to become a profitable trader but i recently had troubles and blew my ftmo challange on xau/usd in the ranging market 😦

And in case, what settings and what pair should i trade. Thanks in advance 🙂

[strong snow]

Buy and sell signals are not a way to trade.

[opaque mauve]

Just having a read through and OPEC+ look like they will now continue there 2.2million barrell a day cut through till the end of the year, rather than just 3 months, seems to be a nice divergence building up with strong fundamentals and current soft prices. We havent taken out last weeks low this week, I think there is a strong case for long crude next week, if price confirms it, report came from 3 sources cited by reuters.

[radiant sinew]

For wti?

[opaque mauve]

Yea defo worth a look

[sly escarp]

Is it possible to make 10k everyday from trades

[lost lake]

Ok just as i thougt.. how are you using the lux algo indicators then? Are you profitable and what are you trading? 🙂

[sly escarp]

Turn 1k into 1mil

[vale crystal]

You need a very large capital. Definitely not with 1k capital.

[small sage]

ehhh lol

[small sage]

first step is 2k. dont blow up

[vale crystal]

Strategy to follow only enter in to trade. Where you feel like to make at least 1:3 risk reward, don't just enter in to any trade. If suppose your 5 trades went against you and 5 trades went in favour. Still you are profitable. Right TP and tight SL is must to make money.

[small sage]

dont forget its suppose to be the biggest grind of your lifew

[vale crystal]

Even if you earn, still you end up losing. Because you won't know where to take profit. Taking profit is essential.

[small sage]

what would you say your avg hold time on winners is?

[vale crystal]

It's not fixed, depends upon the trade. I don't anticipate anything. I just go by the volume reading and reaction of the candles. If it is still in my favour. I stay on trade. However, I don't hold the trades overnight. I always book the profit or book the loss at the end of day and sleep. Next day, new trade and I am not bearish or bullish on bias. I swing both ways.

[small sage]

"never hold trades overnight" the amount of money i would have right now if i followed this one rule

[vale crystal]

It's all experience and trading style. Everyone makes mistakes. Some are way costly. Educating yourself is more important than just entering the trades. Spend time on yourself. List down the deficiencies in you and find out the answers to it.

[small sage]

shit feels like a video game. till i look at my bank account. there is no time to lose. if u do it do it right only

[vale crystal]

It's certainly much deeper than video games. Depends how it is interpreted. Some assets are just created for fun and are highly manipulated. People fall in trap and feel like they are king now.

I always say to myself, I am not the king. However I will always follow the king, which is the "volume".

[small sage]

https://youtube.com/shorts/JimZaVz9Wy8?si=kkCfrBmn7-EegVZe

[small sage]

Volume god

[strong snow]

I thought Charles is the king?

[radiant sinew]

Errrm, it depends to be honest. If you study the charts, you’ll see most good trades span daysss. If you’re lucky enough, you can scalp in between. On an average, I do 2-3 days. The only downside to that is swap fees and Ive tried to work around that by getting an islamic trading account.

[half raven]

Do you not set a trailing stop?

Surely that would work but still, I wouldn’t have the minerals to leave it.

[cedar glacier]

Hi, I want to ask a qn.

If I am trading on 5m TF. Is it better to draw S/R using 15m/1h? If I use 4h/1D that won't be accurate?

[half raven]

Use top down analysis

Start from 1 Month TF, mark levels, down to weekly; daily. 4hr etc

[half raven]

For example, this level was drawn on the 1 month chart and being shown on the 5 minute chart

[sterile oracle]

you go from 1m to 1d to 4 hr to 15 min then to 5m

but you need to work out what your trading style is

[half raven]

Should every trading style incorporeal key levels?

I mean, at least from my few years of observations, price always reacts to key levels

With higher TF key levels having a bigger reaction

[cedar glacier]

That's what I do, but I find my chart will be very cluttered with too many s/r levels.

4h > 1h > 15m > 5m

[half raven]

How do you define an sr level?

[half raven]

https://www.investopedia.com/trading/support-and-resistance-basics/ just make sure you are identifying them correctly.

[cedar glacier]

Am I identifying them correctly?
Pink: 4h chart S/R
Purple: S/R on 1h chart

[rough jungle]

https://discord.com/events/641770286638694402/1246151677912813668
Todays stream will have Alex Grover on it! - A stream definitely not to be missed!! 🔥

[unborn shard]

e

[rough jungle]

THE SPECIAL LIVE STREAM STARTING NOW! https://discord.com/channels/641770286638694402/1178430832151638077

[hollow mango]

Guys can some one here show me how can i draw points of interest in the market ?

How?

[gloomy steeple]

Can you analyse XAUUSD

[hollow mango]

Guys can some one here show me how can i draw points of interest in the market ?

[blissful leaf]

don't click anything. that was spam

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[sterile oracle]

lux has great tool kits for this.

[sterile oracle]

is that my watermelon?

[sterile oracle]

as they say.. keep it simple.

[sterile oracle]

Use it to make a direction. if you are scalping and stay away from news times.

[sterile oracle]

I thought it was king salman?

[sterile oracle]

No human can be a God. lol

[small sage]

Volume god

God is nature

The connection between buyers and sellers

[sterile oracle]

To trade we must all be sheep. Unless you have billions. You cannot defeat XAU. It will either crush you or make you follow

[small sage]

The birds and the bees

Light and darkness

Nature

Physics

All praise volume god

[sterile oracle]

yes

thats a good lesson

[small sage]

Where there is light there is darkness

[sterile oracle]

you must see the other sheep then send your donkey or camel.

[small sage]

Remember that next time u feel elated

[sterile oracle]

when XAU is manipulated. its kaput

[small sage]

That’s god

[sterile oracle]

so just follow

[small sage]

Telling u ur a idiot

[sterile oracle]

many thanks

[small sage]

U deserve it

U deserve praise when u execute correctly

Just don’t let the devil get into ur head

[sterile oracle]

many thanks.

[small sage]

He is always coming for your ass

Bottom or on top

[sterile oracle]

shall I block you?

[small sage]

Sure

[dawn sierra]

@small sage please have some respect in here

or leave this place

[small sage]

I didn’t mean to be rude

[sterile oracle]

i am not sure if we said opposite things. But many thanks for your help.

[small sage]

I didn’t call him dumb.

[sterile oracle]

I accept.

its totally cool.

[small sage]

I called the version of him allowing himself to be taken advantage of xau manipulation dumb and punished for being ahead of himself

[dawn sierra]

god is a hoax 😛

[sterile oracle]

Matt best of luck in all trading with maximum profit to you.

[small sage]

Even if u don’t believe in god you have to believe in balance which is a god in of it self. Gravity can be considered a god I think

[dawn sierra]

ok🤣

[sterile oracle]

Matt I am sorry if i have said anything negative to you. my wishes remain.

[small sage]

He’s always coming for you real or fake

[small sage]

Don’t forget it

[dawn sierra]

i believe ion my beer which is waiting for me in the pub

bye

[small sage]

Have fun

[sterile oracle]

you called me idiot actually.,.. but dumb implies i cannot read or speak. I accept this complement.

I hope you make maximum profit.

my compliments.

[gloomy steeple]

Hello guys How are you all

[sterile oracle]

hello

good evening from UK

[gloomy steeple]

Good night from India

😂😂

[sterile oracle]

yes your ahead.

i have to head over soon for some property stuff

its like midnight with you almost

[gloomy steeple]

To where did you come

[gloomy steeple]

Yess

[sterile oracle]

i have to go to Calcutta and Goa.

it wont be fun... Time in court

india have a strange old UK rule

you can build on land but not own it legally

the cases last asges

ages

[gloomy steeple]

Yes’s really hard to deal with lawyer

[sterile oracle]

yes

luckily my entire family are.

my father being elder cannot travel now

so fellow indians will deal with a hybrid

but i have my cousins.

I am first to evict everyone

then i have to fix the contract.

the issue is the landbuilder is deceaset.

[gloomy steeple]

Cousins also involved with builder construction

[sterile oracle]

yes we have all this

Linc pen and plastics

he is with us

but i need to go as all deeds are in my name

[gloomy steeple]

Yess

[sterile oracle]

i have OCI

[gloomy steeple]

Go fight with them

[sterile oracle]

so i can do whats required. and because they call me "outsider".... they are not sure what to do

I will take people change locks and remove furniture.

[gloomy steeple]

What is OCI bro

[sterile oracle]

ok

OCI...... I am not pure indian but my blood right allows me to do anything indian apart from vote

[gloomy steeple]

So..what do for living??

[sterile oracle]

I am mixed but due to my father, I can do anything in india.

[sterile oracle]

property. but also i trade a lot

[gloomy steeple]

How much valuable is your property

[sterile oracle]

for example we took property in goa

[sterile oracle]

We cannot say.

so this is OCI https://www.mha.gov.in/sites/default/files/2022-07/oci-faq.pdf

[gloomy steeple]

Okey

[sterile oracle]

i have this due to father

[radiant sinew]

Lmao. Such an intrusive question. You want to give him more properties? 😁😁

[gloomy steeple]

This is your advantage and plus point

[gloomy steeple]

Yes because is not valuable for you so just forget it and forus on new things

[sterile oracle]

well grandfather has passed. father is weak. So I have no choice.

i dont live in india so i cannot physically turn up. so i am desposing.

I will go soon and see, They wont like me a lot. but it must be done

I have INRI account as well.

so they can pay or stay

But I am a trader by passion. So they will have a few days. I wish not to interupt them

[gloomy steeple]

Do you know Hindi language

[sterile oracle]

I speak hindi

but this is not the forum

I also speak bengali

[gloomy steeple]

Right now where are you brother

[sterile oracle]

UK

[gloomy steeple]

Okay

[sterile oracle]

may I ask

in which part of india are you from>

[gloomy steeple]

Yes please

[sterile oracle]

what is your mother tongue

[gloomy steeple]

I am from Chhattisgarh

[sterile oracle]

south

[gloomy steeple]

Hindi is my mother tongue

[sterile oracle]

not far from Raipur

like near Nagpur?

you must understand bengali right?

[gloomy steeple]

Yess

[sterile oracle]

yes ok thats my father tongue

[gloomy steeple]

Yeah only 150 km far from

[sterile oracle]

yes i remember

[gloomy steeple]

ami tumko bhalobashi 😂

[sterile oracle]

but your mother tongne is hindi?

[sterile oracle]

lol

[gloomy steeple]

I am a pure Chhattisgarhiya

[sterile oracle]

is it seliti based dhaka based or kolkata based?

i am taught by bhramins

bhramins*

[gloomy steeple]

Oh your father is hindu

[sterile oracle]

indeed

and 9 generations passed

[gloomy steeple]

Just say to your father Jai shir ram

[sterile oracle]

yes

the family are mostly Kali

I can state each grandfather upon grandfather of caste.

although I am a hibrid.

but my fathers blood gave me caste.

but i completley disagree with it.

[gloomy steeple]

You are Mixed culture

[sterile oracle]

yes

i dont remember what i am anymore

[gloomy steeple]

You believe in god

[sterile oracle]

God is everywhere

and involved in all

and when you look at history he has apeared.

[gloomy steeple]

Right bother